DAM Capital Advisors IPO Details
The DAM Capital Advisors IPO is a book build issue with a total issue size of ₹840.25 cr, and a offer for sale of 29690900 equity shares. DAM Capital Advisors IPO opened for subscription on Dec 19, 2024 and closed on Dec 23, 2024. DAM Capital Advisors IPO is set price band at ₹269 to ₹283 per share, with a lot size of 53 shares. Minimum investment for Retail investors was ₹14,999.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Dec 24, 2024, and listed on both the NSE and BSE on Dec 27, 2024.
MUFG Intime India Private Limited has been appointed as the registrar. Nuvama Wealth Management Limited are the Book Running Lead Manager for the issue.
Before investing in the DAM Capital Advisors IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 269 – 283
- Lot Size
- 53
- Issue Size
- ₹840.25 Cr
- Minimum Investment
- ₹14999 (53 Shares)
- Listing Date
- 27 December 2024
Current GMP
₹143 (+50.53%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
About DAM Capital Advisors Limited
DAM Capital Advisors Limited is one of India's fastest-growing merchant banks, recognized for its high revenue growth and profit margins. As of Fiscal 2024, it holds a 12.1% market share in the Indian capital markets, primarily through its role as the book-running lead manager for numerous public offerings, including IPOs, QIPs, and other transactions.
The company offers a range of services, including equity capital markets (ECM), mergers and acquisitions (M&A), private equity (PE), structured finance advisory, and institutional equities comprising broking and research. It leverages its expertise across various sectors and products to provide strategic advisory and capital market solutions to corporate clients, financial sponsors, institutional investors, and family offices.
Since its acquisition in 2019, DAM Capital has successfully executed 72 ECM transactions, including 27 IPOs, and advised on 23 advisory transactions. Its institutional equities team serves 263 active clients across global markets, including India, the USA, UK, and other regions.
Under the leadership of Dharmesh Anil Mehta, who brings over 25 years of experience, DAM Capital has grown rapidly, with total income increasing by 38.77% CAGR from Fiscal 2022 to 2024. The company's profit after tax surged by 79.46% CAGR over the same period, reflecting its strong client relationships and execution capabilities.
DAM Capital is positioned to capitalize on India's economic growth, supported by its deep industry expertise and extensive research capabilities. The company is also supported by experienced leadership, a diverse board of directors, and marquee investors. Its wholly-owned subsidiary, DAM Capital (USA) Inc., facilitates broader client access in the United States.
Originally founded in 1993 as S.S. Kantilal Ishwarlal Securities, the company underwent several transformations, including a change in ownership in 2019, and was renamed DAM Capital Advisors Limited in 2020.
DAM Capital Advisors IPO Promoters
- Dharmesh Anil Mehta
- Sonali Dharmesh Mehta
- Boombucket Advisors Private Limited
Promoters Holding
Holding Pre Issue
45.88%
Holding Post Issue
41.50%
DAM Capital Advisors IPO Objective
The company will not receive any proceeds of the Offer for Sale by the Selling Shareholders.
Address / Contact Info
DAM Capital Advisors Limited
PG-1, Ground Floor, Rotunda
Building, Dalal Street, Fort
Mumbai 400 001, Maharashtra
Phone: +91 22 4202 2500
Email: compliance@damcapital.in
Website: https://www.damcapital.in/
IPO Snapshot
Book Running Lead Managers
- Nuvama Wealth Management Limited
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
DAM Capital Advisors IPO is a Book-building IPO with a total issue size of ₹840.25 crore. The DAM Capital Advisors IPO price band is ₹269 to 283 per share. The DAM Capital Advisors IPO subscription opens on Thu, Dec 19, 2024, and closes on Mon, Dec 23, 2024. The DAM Capital Advisors IPO will be listed on the BSE,NSE. MUFG Intime India Private Limited is the registrar for the DAM Capital Advisors IPO.
The DAM Capital Advisors IPO opens on Thu, Dec 19, 2024 and closes on Mon, Dec 23, 2024
DAM Capital Advisors IPO Price Band is ₹269 to 283 per share.
DAM Capital Advisors IPO lot size is 53 shares, Retail investors need a minimum investment of ₹14999 based on the upper price band
The minimum investment for DAM Capital Advisors IPO is ₹14999, based on one lot of 53 shares at the upper price band of ₹283 per share.
Investors can apply for the DAM Capital Advisors IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Mon, Dec 23, 2024. The application amount remains blocked until the DAM Capital Advisors IPO allotment is finalized.
DAM Capital Advisors IPO issue size is ₹840.25 crores.
DAM Capital Advisors IPO allotment date is Wed, Jul 1, 2026.
The registrar for DAM Capital Advisors IPO is MUFG Intime India Private Limited. Investors can go to MUFG Intime India Private Limited website to check DAM Capital Advisors IPO allotment status, refund processing, and other IPO-related information.
The DAM Capital Advisors IPO GMP (Grey Market Premium) is ₹143 as of Fri, Dec 27, 2024. Based on the upper price band of ₹283 per share, the estimated DAM Capital Advisors IPO listing price is ₹426, indicating a potential listing gain of approximately 0% over the issue price.